BUSINESS CONSULTING SERVICES AGREEMENT

      THIS AGREEMENT (the "Agreement") is entered into this 15th day of August,
2005, between Gulf Coast Oil & Gas, Inc. a Nevada corporation (the "Company"),
and Bourgeois Energy, Inc., ("Consultant").

                                   WITNESSETH:

      WHEREAS, the Company and consultant desire to enter into this Business
Consulting Services Agreement to provide for compensation to be paid and
provided by the Company to Consultant in connection therewith, and to set forth
the rights and duties of the parties in connection therewith; and

      WHEREAS, Consultant is engaged in the business of, among other things,
providing consulting and business advisory services and the Company seeks these
services for the Company.

      NOW, THEREFORE, in consideration of the mutual promises herein contained,
the parties hereby agree as follows:

      1. Services. Consultant shall during the term of this Agreement provide
the following services to the Company:

            (a) Consultant is hereby engaged by the Company to provide Craig
      Bourgeois as an oil and gas technical and operational consultant in an
      advisory capacity for the term of this Agreement. During the term of this
      Agreement, Consultant may render services of a business, professional or
      commercial nature to any other person or firm so long as it does not
      materially interfere with Consultant's services hereunder.

            (b) Consultant is an independent contractor who shall be solely
      responsible for complying with all applicable state and federal laws and
      regulations concerning the activities of the Consultant, including the
      business and operations of the Consultant.

            (c) Consultant shall provide oil and gas technical and operational
      advisory services hereunder as may be reasonably requested by the Company,
      from time to time; subject to the mutual understanding and written
      agreement between the Company and Consultant.

      2. Term

            The term of engagement covered by this Agreement (the "Term") shall
begin on the date of this Agreement and shall continue until terminated by
either party within ten (10) days advance written notice.

      3. Compensation

            (a)   Stock Compensation


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                  For all services Consultant may render to the Company during
                  the Term, the Company shall issue to Consultant as
                  compensation for its services 300,000 shares of the Company's
                  common stock with legend. On a performance basis, the Company
                  may release stock to Consultant. The Company also agrees to
                  issue further stock to Consultant on future projects referred
                  or operated by Consultant. No schedule for release or issue
                  has been made.

            (b)   Business Expenses

                  Consultant shall be entitled to the following:

                  Upon delivery of proper documentation therefore, Consultant
                  shall be reimbursed for all reasonable and necessary travel,
                  hotel and other business expenses when incurred on Company
                  business, subject to a written estimate or statement which is
                  provided by the Consultant to the Company and approved by the
                  president.

            (c)   Day Rate

                  Day Rate shall be incurred when Consultant has been engaged by
                  the Company to provide consulting services on projects not
                  referred directly by the Consultant. Consultant shall also be
                  entitled to a day rate of 750 USD when actively engaged by the
                  Company's Chief Executive Officer, plus a one percent (1%)
                  O.R.R.I. with regard to any opportunity or project recommended
                  by Consultant, accepted and acquired by the Company. Such
                  ORRI, when earned, shall be properly filed pari-passu with the
                  Company's leases giving rise to the ORRI.

      4. Governing Law.

            This agreement shall be governed by and construed according to the
laws of the State of Texas.

      IN WITNESS WHEREOF, the parties have executed this Agreement on the day
and year first set forth above.

                                    GULF COAST OIL & GAS, INC.
                                            "Company"

                                    By: /s/ Rahim Rayani
                                        -----------------------
                                        Rahim Rayani


                                    BOURGEOIS ENERGY, INC.
                                         "Consultant"

                                    By: /s/ Craig Bourgeois
                                        -----------------------
                                        Craig Bourgeois


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